10:59 Homework: Ch 1 Study Resources S Score: 0.01 of 1 pt 4 of 6 (4 complete) HW Score: 78.66%, 11.01 of 1 TIF1-4 (book/static) Assigned Media Question Help 17. Using the information provided analyze the effects of Lawlor Lawn Service's transactions on the accounting equation Click the icon to view the transactions.) Analyze the events chronologically, one transaction at a time beginning with the May 1 transaction For each transaction that follows the May 1st transaction calcula the balance in each account after analyzing its effect on the accounting equation (Complete only the necessary answer boxes for your transaction lines. [Do not ente any zeros for your transaction lines.) Carry down all balances to the "Bal" line, including zero balance accounts, entering a "0" for any zero balances. Enter a decrea in an account with a minus sign or parentheses. Abbreviation used. Contr. - Contributed Liab - Liabilities.) ASSETS LIAB. EQUITY Cash Accounts + Equipment Accounts Lawlor Lawlor Service Gas Receivable Payable Capital Withdrawals Revenue Expense 5/1 1,700+ 1,700 1,700 1,440 5/3 1.700 + + CE Bal - X More Info May 1 Received $1,700 and gave capital to Eric Lawlor, May 3 Purchased a mower on account, $1.440. May 5 Performed lawn services for client on account $200 May 17 Paid $60 cash for gas used in mower May 28 Eric Lawlor withdrew cash of $300 12 Enter any number in the edit fields and then click Check Answer 3 ard parts remaining